Common use of Notification by Parties Clause in Contracts

Notification by Parties. 8.7.1 Party A shall forthwith notify Party B upon becoming aware of any event that may show, reveal or cause any of the warranties to be incorrect, untrue, misleading or breached in any material respect or that may have any material adverse effect on the assets or liabilities of Party A. 8.7.2 Party B shall forthwith notify Party A upon it becoming aware of any event that may show, reveal or cause any warranties given by Party B hereunder as or to be incorrect, untrue, misleading or breached in any material respect.

Notification by Parties. 8.7.1 Party A shall forthwith notify Party B upon becoming aware of any event that may show, reveal or cause any of the its warranties hereunder to be incorrect, untrue, misleading or breached in any material respect or that may have any material adverse effect on the assets or liabilities of Party A. 8.7.2 Party B shall forthwith notify Party A upon it becoming aware of any event that may show, reveal or cause any warranties given by Party B hereunder as or to be incorrect, untrue, misleading or breached in any material respect.. Framework Agreement